Green light from the Mondadori shareholders’ meeting to the 2020 financial statements and, among other things, to the appointment of the new board of directors composed of 12 members, which will remain in office for three years until the approval of the 2023 financial statements. ” was elected on the basis of the lists presented by the shareholder Fininvest, owner of 53.29% of the share capital and 69.85% of the voting rights, and by a group of shareholders made up of asset management companies and institutional investors which hold 3.769% of the capital.
In the new board of directors, among others, Marina Berlusconi (president), Antonio Porro, Pier Silvio Berlusconi and Alessandro Franzosi, with the majority list, obtained 80.20% of the votes expressed at the meeting. The board, which met after the meeting, appointed – as scheduled – the new managing director Antonio Porro, granting him the related management powers.
“The appointment of Porro” takes place in a line of absolute continuity and coherence. Mondadori Libri, of which Porro was already responsible, represents the core business of the publishing house and by far the main source of its profitability, “he explained. President Marina Berlusconi, according to whom the mission entrusted to Mauri’s successor “can only see growth and development as one of the main objectives, together with the consolidation of the results achieved”.
The change “once again confirms the company’s attention to growing and enhancing professional talents within it”. Porro takes over from Ernesto Mauri who, Marina Berlusconi emphasizes, concluded his commitment ‘by presenting to the shareholders’ meeting a balance sheet which confirms, with the excellent results obtained in a truly terrible year, his value as manager and the precious role he played. in the development of the publishing house that he led for eight years ”.